Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, United Micro Electronics ADR’s stock clocked out at $7.59, down -0.91% from its previous closing price of $7.66. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 11.5 million shares were traded. UMC stock price reached its highest trading level at $7.715 during the session, while it also had its lowest trading level at $7.56.
Ratios:
To gain a deeper understanding of UMC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.14.
HSBC Securities Downgraded its Hold to Reduce on April 27, 2023, whereas the target price for the stock was revised from $6.80 to $6.46.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UMC now has a Market Capitalization of 19374462976 and an Enterprise Value of 30727770112. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.73, and their Forward P/E ratio for the next fiscal year is 9.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.138 whereas that against EBITDA is 0.321.
Stock Price History:
The Beta on a monthly basis for UMC is 1.15, which has changed by -0.0844391 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, UMC has reached a high of $8.97, while it has fallen to a 52-week low of $6.71. The 50-Day Moving Average of the stock is -4.81%, while the 200-Day Moving Average is calculated to be -0.55%.
Shares Statistics:
It appears that UMC traded 7.73M shares on average per day over the past three months and 7896030 shares per day over the past ten days. A total of 2.51B shares are outstanding, with a floating share count of 2.51B. Insiders hold about 0.00% of the company’s shares, while institutions hold 4.99% stake in the company. Shares short for UMC as of 1711584000 were 62190898 with a Short Ratio of 8.04, compared to 1709164800 on 57096498.
Dividends & Splits
With its trailing 12-month dividend rate of 3.0, UMC has a forward annual dividend rate of 0.58. The stock’s 5-year Average Dividend Yield is 4.67.
Earnings Estimates
At present, 2 analysts are actively evaluating the performance of United Micro Electronics ADR (UMC) in the stock market.On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.13, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.13, with high estimates of $0.15 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.69 and $0.59 for the fiscal current year, implying an average EPS of $0.64. EPS for the following year is $0.78, with 2 analysts recommending between $0.84 and $0.73.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for UMC’s current fiscal year. The highest revenue estimate was $7.78B, while the lowest revenue estimate was $7.53B, resulting in an average revenue estimate of $7.66B. In the same quarter a year ago, actual revenue was $7.25B, up 5.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $8.81B in the next fiscal year. The high estimate is $9.05B and the low estimate is $8.57B. The average revenue growth estimate for next year is up 15.10% from the average revenue estimate for this year.
